SORENSON WILLIAM G 4
4 · ENERNOC INC · Filed Aug 7, 2017
Insider Transaction Report
Form 4
ENERNOC INCENOC
SORENSON WILLIAM G
CFO and Treasurer
Transactions
- Disposition to Issuer
Common Stock
2017-08-07$7.67/sh−265,000$2,032,550→ 0 total
Footnotes (1)
- [F1]Pursuant to the terms of the Agreement and Plan of Merger Agreement, dated June 21, 2017, among the Issuer, Enel Green Power North American, Inc. ("Parent"), and Pine Merger Sub, Inc., a wholly-owned subsidiary of Parent ("Purchaser") for the merger of Purchaser with and into the Issuer, with the Issuer continuing as the surviving corporation (the "Merger"), the vesting of restricted stock units ("RSUs") was accelerated in connection with the Merger and the RSUs became fully vested effective immediately prior to the effective time of the Merger. Each RSU was cancelled in the Merger and, in lieu of any issuance of shares in settlement of such RSU, converted into the right to receive a cash payment equal to $7.67 per share (without interest and less any applicable tax witholding).